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The price of Fomento Economico Mexicano S.A.B. de C.V. ADR (NYSE: FMX) closed at $109.24 in the last session, down -0.30% from day before closing price of $109.57. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 0.55 million shares were traded. FMX stock price reached its highest trading level at $111.5 during the session, while it also had its lowest trading level at $108.71.
Ratios:
We take a closer look at FMX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.78.
On February 09, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $124 to $152.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FMX now has a Market Capitalization of 195442376704 and an Enterprise Value of 582419808256. As of this moment, Fomento’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.88, and their Forward P/E ratio for the next fiscal year is 18.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 2.46. Its current Enterprise Value per Revenue stands at 0.785 whereas that against EBITDA is 9.1.
Stock Price History:
Over the past 52 weeks, FMX has reached a high of $142.39, while it has fallen to a 52-week low of $98.52. The 50-Day Moving Average of the stock is -2.56%, while the 200-Day Moving Average is calculated to be -9.68%.
Shares Statistics:
According to the various share statistics, FMX traded on average about 685.11K shares per day over the past 3-months and 718320 shares per day over the past 10 days. A total of 216.12M shares are outstanding, with a floating share count of 214.84M. Insiders hold about 0.00% of the company’s shares, while institutions hold 33.07% stake in the company. Shares short for FMX as of 1721001600 were 3242173 with a Short Ratio of 4.73, compared to 1718323200 on 1599602.
Dividends & Splits
The forward annual dividend rate for FMX is 4.19, which was 4.397 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.040129595The stock’s 5-year Average Dividend Yield is 1.83.
